41 LAFAYETTE ST
Hopewell, Mercer County · Block 22, Lot 3.2
Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.
Estimated tax up $376 ($9,831 → $10,207) using 2024→2025 rates (3.369 → 3.498) × assessed net.
Assessment net change: 0.0% ($291,800 → $291,800).
Assessment
| Land | $192,900 |
|---|---|
| Improvements | $98,900 |
| Net (taxable assessed, 2026) | $291,800 |
| Town avg ratio used | 71.76% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $406,633 |
| 2025 tax (MOD-IV billed) | $10,411.42 |
| Est. 2025 tax @ general rate | $10,207 |
| Mailing address (2026) | 718 GROVE AVE, CLIFFSIDE PARK; NJ, 07010 |
How the ratio works: New Jersey towns often assess below full market value. The average ratio (Director’s / Chapter 123) estimates what percent of true market value the town’s assessments represent. Implied equalized value ≈ assessed net ÷ (ratio ÷ 100). Example: assessed $187,600 at 55.89% ≈ $335,700 equalized. Tax bills still use assessed value × the general tax rate — not the equalized figure.
Year-by-year assessed value & tax
From NJ MOD-IV files (2023, 2024, 2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.
| Year | Assessed net | Tax |
|---|---|---|
| 2026 | $291,800 | — |
| 2025 | $291,800 | $10,411.42 |
| 2024 | $291,800 | $10,035.00 |
| 2023 | $291,800 | $9,658.58 |
Mailing changed in 2025 to 718 GROVE AVE, CLIFFSIDE PARK; NJ, 07010.
Assessed value & ratio history
Parcel assessed nets come from MOD-IV year files (2023, 2024, 2025, 2026). Town average ratios are from Abstract / Chapter 123 when available — implied equalized = assessed ÷ (ratio ÷ 100).
| Tax year | Assessed net | Avg ratio | Implied equalized | Assessed Δ | Equalized Δ |
|---|---|---|---|---|---|
| 2023 | $291,800 | 85.59% | $340,928 | — | — |
| 2024 | $291,800 | 80.28% | $363,478 | 0.0% | +6.6% |
| 2025 | $291,800 | 72.96% | $399,945 | 0.0% | +10.0% |
| 2026 | $291,800 | 71.76% | $406,633 | 0.0% | +1.7% |
Tax year history
Assessed net is from that year’s MOD-IV file. Est. tax = assessed × that year’s general rate when we have the rate sheet. Billed tax is the MOD-IV tax field when present (often empty for the newest file year).
| Tax year | Assessment net | General rate | Est. tax (that year) | Billed tax | Est. vs prior |
|---|---|---|---|---|---|
| 2023 | $291,800 | 3.240 | $9,454 | $9,658.58 | — |
| 2024 | $291,800 | 3.369 | $9,831 | $10,035.00 | +4.0% |
| 2025 | $291,800 | 3.498 | $10,207 | $10,411.42 | +3.8% |
| 2026 | $291,800 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($376): schools ≈ +53.5%, county ≈ +24.0%, municipal ≈ +22.5%.
| Regional / consolidated school (1.917) | $5,594 |
|---|---|
| County (0.710) | $2,072 |
| County open space (0.041) | $120 |
| Municipal purpose (0.774) | $2,259 |
| Municipal open space (0.010) | $29 |
| Municipal library (0.046) | $134 |
Property details
| Class | 2 |
|---|---|
| Building class | 27 |
| Building | 2SF |
| Land description | .1524 ACRES |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1990 |
| Acreage | 0.1524 |
| Zoning | R75 |
| Tax map page | 3 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | F01 |
| MOD-IV current-year tax | — |
| Last sale | $410,000 · 10/28/2024 · sale assessment $291,800 · SR1A 00 |
| Deed book / page | 06575 / 00423 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: NJ Division of Taxation MOD-IV (current parcel file) and tax rates for 2025 (Abstract of Ratables). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.